The Role of Contribution among Defendants in Private Antitrust Litigation
Morten Hviid and
Andrei Medvedev
No 2008-03, Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) from Centre for Competition Policy, University of East Anglia, Norwich, UK.
Abstract:
To date the experience of the incidence of private actions for damages in antitrust cases has differed markedly across jurisdictions. The procedural rules surrounding private litigation may account for some of these differences. This paper explores the effect of rules concerning contribution among multiple defendants who are joint and severally liable for cartel infringement. The no-contribution rule is shown to lead to higher levels of aggregate damages and more information revelation to the private plaintiff. However, the no-contribution rule also has the potential to neuter any public leniency programme, thereby possibly reducing the number of cartels detected.
Keywords: Cartels; leniency; private damages (search for similar items in EconPapers)
JEL-codes: K21 K42 L40 (search for similar items in EconPapers)
Date: 2008-02-01
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Related works:
Journal Article: The role of contribution among defendants in private antitrust litigation (2010) 
Working Paper: The Role of Contribution among Defendants in Private Antitrust Litigation (2008) 
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Persistent link: https://EconPapers.repec.org/RePEc:uea:ueaccp:2008_03
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Juliette Hardman, Center for Competition Policy, University of East Anglia, Norwich Research Park, Norwich, NR4 7TJ, UK
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